Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Income to Unit Holder from Business Trust - Section 56(2)(xii)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d by him at any time during the previous year. Explanation. For the purposes of this clause, ''specified sum'' shall be computed in accordance with the following formula, namely: Specified sum= A-B-C (which shall be deemed to be zero if sum of B and C is greater than A) , where A = aggregate of sum distributed by the business trust with respect to such unit, during t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates